The cancellation of GST Registration can either be initiated by the department on their own motion or a registered person can apply for cancellation of their registration.
The objective of the de-criminalization exercise is to remove criminality of offences from business laws where no malafide intentions are involved.
Period of holding starts from the day when the asset is acquired by the assessee and ends on the day when it is sold/disposed off/transferred otherwise.
The need of the circular is to protect the interest of investors in securities, to promote the development of, and to regulate the securities market.
SEBI has issued guidelines for non-convertible debentures with warrants products, whereby it made the electronic book platform mandatory for the non-convertible debt instruments portion of the issue.
The scheme will be implemented by Customs through a simplified IT system while the rebate will be issued in the form of a transferable duty credit/electronic scrip which will be maintained by CBIC.
'Transmission of Securities' means transferring the ownership of securities to legal heirs or successor or nominee or surviving joint holder, by operation of law, in case of death of a security holder, insolvency, inheritance or lunacy of the member.
Fraud and non-fraud cases are different from one another, and hence the tax and penalty amount with its provisions are also different. Let' s find out what are the implications of both fraud and non-fraud cases in GST.
RoDTEP scheme is notified for the remission of duties, taxes and other levies at the Central, State and local level which are borne on the exported goods manufactured in India.
LLC has credibility and limited liability that one can generally sough in a corporation, flexibility and pass-through taxation that are the main characteristics of a partnership.
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